6 Ways Building Your Resilience Leads to Business Growth

Are you wondering how building your resilience can lead to growth, success, and increased happiness at work? Maybe you’re wondering about the link between professional development and workplace success?

If so, you’re not alone. Given the latest economic recession, COVID-19, the upheaval of the modern office, and more, the ability to stay focused and successful when things feel unpredictable, also known as “resilience,” is a highly sought-after skill.

What is Resilience?

Resilience is defined as the ability to cope (emotionally and mentally) with a crisis and how quickly we “bounce back” from a difficult situation. 

A person’s hardiness and resilience plays an important role in many situations, and helping others develop theirs can improve workplace relationships, job satisfaction, and productivity.

How Does Building Resilience Lead to Business Growth?

Understanding your hardiness level and developing your resilience can help you to lead more effectively, and to inspire resiliency in those around you. 

Understanding your own hardiness can help you help others become comfortable with change, and embrace innovation and experimentation as critical elements of the business.

Here are six ways building resilience leads to business growth:

1. Identify What Makes the Business Resilient

Learning to deliver the Hardiness Resilience Gauge report gives you insight into how everyone in the business, from the newest hires to the CEO, reacts to change and difficult situations.

Understanding how individuals react to stress helps us understand which areas of the organization may be more or less resilient, such as a C-Suite executive who resists implementing new technology or enabling their department to be innovative.

2. Identify Areas of Change to Pursue and Embrace

The key to framing change as an exciting opportunity is to identify areas of the business that will generate a high return-on-investment (ROI) that you can bring to key stakeholders within the organization when petitioning for change and innovation.

This could be as simple as implementing a new project management tool and measuring the increased productivity associated with its use. “Small wins” build momentum towards larger organizational changes.

3. Learn When to Pivot

One of the keys to business resilience is to know when to continue innovating with a successful process, and when to pivot away from a strategy that is not working.

Instead of sticking to “what we’ve always done” within the business, look for innovative ways to meet those goals and decide which ones to test in order to determine if a pivot is necessary.

Start building your resilience with us today, click here to become certified in the Hardiness Resilience Gauge to build more hardy, resilient individuals and teams. 

4. Develop a Process to Measure Resilience KPIs

Once you’ve identified areas of the business that need to be more resilient, meet with key stakeholders to decide how you’ll measure your success.

How you measure success in this area will depend upon the organization, but some examples could include:

• Increases in productivity
• Reduction of time spent on specific tasks (e.g. email)
• Dollars saved
• Productivity and expediency increases

5. Reframe Failure as Opportunity for Growth

It’s unrealistic to expect that every new innovation will be successful, but we can re-frame these situations as opportunities for development and learning.

For example, if the project management tool you implemented earlier isn’t the right fit for your team, the conclusion you should draw isn’t that project management roles are bad, but that your team has learned that this tool isn’t the right fit for your needs.

Re-framing situations in a positive light helps keep everyone on track and open to new ideas.

6. Practice Authentic Communication

Exceptional leadership requires learning to communicate authentically, and we can’t be authentic with others unless we’re honest with ourselves. 

Understanding your resiliency and learning to deliver HRG assessments fosters a deeper understanding of how each team member thinks and feels, which creates more authentic, connected, and productive workplaces.

Find Out Your Hardiness Level Now

Learn strategies aimed at improving and maintaining these key qualities, ultimately providing you with a deeper understanding of how you can contribute to your overall resiliency. Click here to become certified!